Archive for the 'Miscellaneous' Category

The Rise of Women ‘Millennipreneurs’

netherlands-1132x670

The Female Entrepreneurs Institute has reported that there is a new generation of wildly successful business owners, who are all under thirty-five years of age. The ‘millennipreneur’ model of business has proven to be advantageous worldwide. The Institute explains,

“[This new] approach to business differs from that of their elders in terms of their ambitions, results and leadership style. Among the successful business owning millennials studied in this research, some 78% come from families with a history of running their own businesses. As a group, each has already established on average 7.7 companies, compared with an average of 3.5 among the 50-and-over Baby Boomers.”

A contemporary and forward-thinking entrepreneurship can be seen in this new generation’s most lucrative areas of business. The top three sectors of wealth for millennipreneurs were listed as: retail (12.5%), professional services (8.5%), and technology (7.3%).

This new generation of business owners has paved a way for women business owners, specifically. The proof is in the numbers…

“89% of women entrepreneurs surveyed expecting growing or stable profits in the next 12 months. Female millennipreneurs are aiming even higher with close to 75% expecting business profits to increase in the next 12 months…”

wegg® knows that the future of entrepreneurship is women entrepreneurship. We can help you start your business, or show you the steps you can take to go global. Join us for our FREE wegginar® on 10/3 with Katie Kollhoff, founder and CEO, NUMiX. You can find all of the details, and register for the event, here.

Closing the Confidence Gap is Key for Female Entrepreneurial Success

weggpic

In a recent Forbes article entitled, “What It Will Take For Women Entrepreneurs To Take Over The World,” author Carrie Kerpen explores what disadvantages women entrepreneurs face in our current market. Kerpen interviews Margaret Donnell, chief marketing officer of Capital One’s Small Business Bank, on how women can subvert the obstacles in their way, in order to succeed. Kerpen’s thesis is: closing the confidence gap between men and women will be a crucial factor in trying to level the entrepreneurial playing field.

Donnell attests the gender pay gap between men and women to be one of the main reasons women business owners are less confident than their male counterparts. She reasons,

“We have pretty clear evidence around us. We’ve seen studies out in media, I certainly have, that document a wage gap between men and women. It means that women don’t always have as much money as men because of that earning power. It also means that their confidence could have been eroded over time, and so I think there’s a lot we can do to lift each other up, and men as allies can lift women up, to help them feel confident and go after getting into business.”

Lacking in confidence can be a hindering quality for any business owner. Not having faith in oneself can lead to a fear of risk. One such risk could be the venture of expanding your SME into a global business, an important move for entrepreneurs.

A potential fear of risk taking is evident in statistics. Kerpen reports,

“…despite feeling more positive about their businesses than their male counterparts, female business owners are more hesitant to take big swings and heavily invest in their companies. According to the same Capital One report, 75 percent of men are likely to hire in the next year, compared to 63 percent of women.”

How do you think women can support and encourage each other to make the bold moves necessary for success in business? How can we increase our confidence to achieve heights greater than we could have ever imagined?

Read several proposed solutions to this issue, in Kerpen’s article, linked here.

_______________________________________________________

JOIN us for our morning wegg™ workshop on September 12th and hosted by Bank of America (135 S. LaSalle Street, 44th Floor).  Julie Smolyansky, President and CEO, Lifeway Foods, will present “Follow Your Gut,” covering:

  • How global factors influence company values and mission
  • Why we should empower women entrepreneurs around the world
  • How to channel inspiration from travel experiences into marketing initiatives

Tickets $40 ($20 for students); includes Continental Breakfast.  To learn more and to register, visit:  https://www.eventbrite.com/e/weggtm-workshop-follow-your-gut-presented-by-julie-smolyansky-tickets-48655708534
__________________________________________

Women Are Driving the Global Economy

Just the facts:

  • Women are driving the global economy.
  • Women are responsible for $20 trillion U.S. dollars in annual consumer spending.
  • 28% of registered SMEs globally are started by women.
  • Investing in women entrepreneurs and business owners is a huge market opportunity.
  • Women should be an economic priority.
  • Women’s market is growing at a faster growth rate than men — globally.
  • Women have a high level of commitment and loyalty.
  • Women are risk-aware.
  • Women share positive experiences.
  • Women are the next emerging market.
  • WEGG educates women entrepreneurs and business owners worldwide on how to go global.

_______________________________________________________

Note: Don’t miss our next WEGGinar™ 3/7/18 on “Becoming Your Own Global Distribution Solution” and presented by Rebecca Herwick, President/CEO, Global Products Inc. Register here. Event is free of charge but you must register in advance to attend.
__________________________________________

Happy Holidays from WEGG!

WEGG Women: Going Global is Affordable and Accessible

Why is it easier than ever now to take your business global?  Does exporting present challenges for women business owners and entrepreneurs?  What factors influence a woman business owner to go global?  Is there an organization that fosters global growth for businesses in a simple, engaging and affordable manner?

To find out the answers to these questions, read more.

__________________________________________

Note: Don’t miss our next WEGGinar™ 5/10/17 on “How to Improve Your Website For Global Customers,” and presented by John Yunker, Co-founder of Byte Level Research, author of “Think Outside the Country.” Register here:  https://attendee.gotowebinar.com/register/4596645079593705731.
Event is no charge but you must register in advance to attend.

__________________________________________

Unleash Your Global Business Potential

unleashyourglobalpotential

Are you experiencing growth pains and the last choice of growth for your business is to grow global?  Then you have come to the right place!  Not only here at WEGG can we unleash your global business potential but there are numerous other resources around the world that enable women entrepreneurs and business owners to cultivate their talents in the global marketplace.

We’ll start highlighting some of these online places in future blog posts.  After all, we are here to serve your needs because WEGG’s mission is all about educating women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

One resource in particular that we are fond of is the Canadian Business Women in International Trade program (BWIT).  If you are operating your business in Canada and want to get export-ready and export-active with information on potential new markets, qualified contacts, and more, pay a visit.  Here’s a snapshot of BWIT:

The Canadian Business Women in International Trade program (BWIT) is part of the Canadian Trade Commissioner Service (TCS). The TCS is a network of more than 900 trade commissioners working in regional offices across Canada and in Canadian embassies, high commissions and consulates located in more than 150 cities around the world.

To learn more, visit:  BWIT

KICK OFF THE NEW YEAR WITH GOING GLOBAL 
BY JOINING US FOR A WEBINAR ON 1/4/17!

__________________________________________

next_up_4jan_2017_wegginarNote: Don’t miss our next WEGG webinar 1/4/17 on “Laurel Delaney’s Global Trade Trends Report 2017,” and presented by Laurel Delaney, President of GlobeTrade.com, creator of The Global Small Business Blog, and President of Women Entrepreneurs GROW Global.  Register here: https://attendee.gotowebinar.com/register/4683006218535347459 Event is no charge but you must register in advance to attend.

__________________________________________

WEGG Wishes You a Wondrous Holiday Season

Happy Holidays from WEGG!

Untapping The Potential of Pakistani Women Entrepreneurs

PakistaniWomen

Trade Development Authority of Pakistan (TDAP), Punjab has already taken an initiative to discover and groom women entrepreneurs who have excellent handicraft skills.  The intent is to boost textile exports and help women at the same time develop their capabilities.

Besides local training, the authority has enlisted the assistance of European experts to provide necessary training to these entrepreneurs’ who have an aim to expand their business to European markets.

Read the entire article:  Tapping potential:  Exploring women entrepreneurship

Photo Credit: modenadude via Compfight cc

Posted by:  Laurel Delaney


WEGG Mission

Our mission is to educate, inspire and nurture women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.


Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.

Donate Your Gift Card to WEGG!

Not know what to do with your Starbucks or Target Gift Card?  Put it to good use.  Exchange it for a donation to WEGG!  You will receive a tax receipt for the entire full value or any unused balance of your card.
Next webinar on December 5
WEGG news sign up
wegg workshop in September
WEGG linkedIn group

Join 2,031 other followers

Categories

Archives

Ask a Question

Honors & Awards

Use Smile Amazon and WEGG receives a .05% donation from Amazon on eligible purchases.

Copyright Notice

©2008-2018 Women Entrepreneurs GROW Global.
All rights reserved.

%d bloggers like this: